The Impact of the Federal Reserve System's Monetary Policies on the Nation's Economy (second Report): Staff Report of the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance and Urban Affairs, House of Representatives, 96th Congress, Second Session |
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3-YEAR NON-OVERLAPPING PERIODS 3-year nonoverlapping actual value ADJUSTED R2 ANNUAL PERCENTAGE CHANGE average yearly percentage behavior billion changes in M1B changes in money Chart CHG-CON$GNP CHG-GNPDEF CHG-IMOIL-P CHG-M1B constant dollar GNP deceleration decreases dependent variable dollar GNP growth dollar value economy economy's equation's estimated Federal funds rate fiscal fiscal drag forecast four quarters ending GNP deflator GNP price deflator Gross National Product growth and inflation growth of M1B impact imported oil landed increase in M1B interest rates JIM MATTOX long run M1B growth measured monetary policy money supply national income October output percent percentage growth pilot period post Korean price of imported quarter of 1976 quarter periods rate of inflation rate of rise real GNP growth recession reduced form equations regressions whose results reported in Column Reserve's results are reported revenues standard error statistics target range third quarter unemployment value of GNP YEARLY PERCENTAGE CHANGE zero